The Cboe BZX Exchange has filed for four spot Solana ETFs from Bitwise, VanEck, 21Shares, and Canary Capital.
XRP has been on an impressive ride in recent weeks, capturing attention with its explosive price movement. In mid-November 2024, the cryptocurrency surged from $0.55 to $1.26 in just one week, marking a remarkable 129% rally.
Popular crypto trader known by the nickname "DonAlt" recently shared an updated outlook on the price performance of two of the most hyped alternative cryptocurrencies right now: Dogecoin (DOGE) and XRP.
The SOL price has hit a new all-time high within the past 24 hours, reaching $262.93 after controversial influencer Andrew Tate posted that he had loaded a crypto wallet with 10,000 SOL and was preparing to trade meme coins. The post Solana Meme Coins To Explode As SOL Price Reaches New ATH, Andrew Tate Loads His Wallets appeared first on Cryptonews.
Though BTC has received the most attention with its march toward $100,000, other coins and tokens have also been moving, and Solana (SOL) has even managed to reach a new all-time high (ATH) in market capitalization earlier in the week.
XRP's meteoric rise to $1.46, gaining 31% in a single day and 77.16% over the past week, has reignited excitement across the cryptocurrency space.
The crypto-focused asset manager Bitwise took an initial step toward launching a SOL ETF yesterday when it registered a statutory trust in Delaware. Bitwise becomes the fourth firm to show interest in a spot SOL ETF following earlier filings from VanEck, 21Shares and Canary Capital.
This week, we examine Ripple, Cardano, Optimism, Solana, and Dogecoin in greater detail. Ripple (XRP) XRP just had one of the best months in years, and its price increased by 74% this week alone, bringing it close to $1.5.
TL;DR Solana (SOL) reached a new all-time high of $263.70 on November 22, 2024, marking a significant recovery from its low of just above $10 in December 2022.
Bitcoin (BTC) continued towards the $100,000 mark, rising to a new all-time high of $99,314 before declining to its current level of $99,124. BTC is now up 45% since Donald Trump was announced as the winner of the US elections.
On Wednesday, Ripple CEO Brad Garlinghouse gave an interview to Maria Bartiromo on Fox Business to discuss the impact of the Trump administration's pro-crypto stance on the digital asset industry, Ripple's strategy, and regulatory clarity. Garlinghouse explained Ripple's focus on improving cross-border payments by leveraging blockchain technology and its native digital asset, XRP.
As XRP continues to melt the faces of haters and skeptics with its skyrocketing price action, many made a U-turn on this popular cryptocurrency and began to wonder what the prospects of this crypto market old-timer actually are. In one of these miracles, Raoul Pal gave his verdict on XRP, answering one of the followers' questions.
With Bitcoin ($BTC) approaching $100,000, the crypto market is starting to flourish. Ripple ($XRP) and Stellar ($XML) are two cryptocurrencies from previous bull markets that are front-running this resurgence.
A user tried to generate a bot to snipe meme coins on Pump.fun. The code contained commands to send out Solana wallet private keys, draining wallets almost immediately after exposure.
The latest filings for Solana ETFs coincide with SEC Chair's decision to step down.
These filings were made with CBOE, a Chicago-based options exchange, which is known for helping investors buy and sell different financial products. The four funds making the move are: Vaneck US, 21 Shares, Bitwise Invest, and Canary Funds.
On November 22, Solana (SOL) reached a new all-time high of $264.31, marking impressive resilience two years after the collapse of FTX! This 11% increase in 24 hours reflects renewed investor confidence in the Solana crypto ecosystem.
Recently, XRP has experienced a remarkable surge approaching the crucial $2 mark. Indicating the possibility of a breakthrough in the upcoming days or weeks, the current chart displays bullish momentum.
XRP is among the beneficiaries of the current bull run, with the token finally breaking above the $1 mark, sparking interest in how far the rally can go.
As anticipated, November did, in fact, repeat itself three years apart as Solana (SOL) hit a new all-time high above $260. But will it be SOL's last ATH?
Bitwise has become the fourth company to file for a Solana ETF in the United States, joining Canary Capital, VanEck, and 21Shares in the race to launch the first such product amid changing political leadership and regulatory expectations.
In the last 24 hours, the XRP market has recorded an astounding rise of 22.6%. The market has outperformed almost all of the top cryptos, including Bitcoin (+1.1%), Ethereum (+7.7%), Solana (+6.7%), BNB (+2.7%), Dogecoin (+1.8%) and Cardano (+9.8%).
This ETP would directly hold SOL, the native token of the Solana blockchain. This will give investors a new way to invest in this crypto.
Ripple's XRP zoomed past $1.4 on Friday — its highest price point since May 2021 after United States Securities and Exchange Commission Chair Gary Gensler announced his resignation date.
XRP and Cardano lead an altcoin surge as Bitcoin consolidates, signaling a redistribution of profits and market focus.
Solana Price, a Layer 1 blockchain, has witnessed significant price volatility throughout November, capturing the attention of investors. Following a consistent bullish trend, SOL recently experienced a notable price surge, reflecting growing market confidence in its ecosystem.
The broader crypto ecosystem is soaring to new highs, with the combined market cap now at a record $3.4 billion. XRP joined this uptrend with its price crossing its three-year high as it soared above $1.42 overnight.
SOL reached a new all-time high of $263 more than three years after it last peaked, according to data from CoinGecko.
Big news today—Gary Gensler has announced his resignation, sharing a tweet and an article on the SEC's website, where he praised his own tenure. However, his self-congratulatory remarks have been met with criticism, as many believe his time at the SEC was marked by poor leadership and regulatory overreach.
XRP has gone up by 24.9% in the past 24 hours of trading. The token's price bounced after SEC Head Gary Gensler announced he will be leaving his post, effective on Jan. 20 2025.
XRP's price has skyrocketed in recent days, fueled by speculation of a favorable resolution to Ripple's ongoing legal battle with the SEC following the resignation announcement of Gary Gensler, the SEC Chairman.
The price of SOL is in pump by +375% compared to a year ago.
Solana's SOL token has reached a new all-time high of $264.31, marking a complete recovery from its post-FTX collapse through strong ecosystem growth, institutional interest, and increased DeFi activity.
XRP's price jumped 25% to $1.40 following SEC Chairman Gensler's announced departure, while setting new trading volume records and gaining attention from institutional investors through WisdomTree's European ETP launch.
During the time of Gensler, the SEC was generally perceived as being hostile to the crypto industry.
Solana (SOL) price surged 12%, reaching a fresh all-time high of $263.70 following the Cboe Exchange's submission of four 19b-4 filings for spot Solana ETFs by asset managers like VanEck, Bitwise, and 21Shares.
A whale recently purchased 100K SOL worth $23.86M. What could this mean for Solana's price?
Ripple's (XRP) price rallied by 25% in the last 24 hours following Gary Gensler's announcement that he would resign as the US Securities and Exchange Commission (SEC) chair on January 20, 2025.
The bane of the cryptocurrency industry's existence, Gary Gensler, will step down as Chair of the US Securities and Exchange Commission (SEC). The market surged in response to news of Gensler's upcoming departure, with Ripple (XRP) up nearly 26%, while Bitcoin (BTC) nears the vital $100,000 mark.
Market sentiments have turned extremely bullish, and Bitcoin is about to hit the $100K milestone anytime soon. While the other altcoins trade within a narrow range, the XRP price is preparing for a monstrous rally, as the technicals, fundamentals, and eternal factors have all flipped in favour of the token.
On Thursday, Fox reporter Eleanor Terret revealed that the US Securities and Exchange Commission (SEC) is actively engaging in discussions with several asset managers regarding the launch of the new spot Solana ETF market. The firms involved include VanEck, 21Shares, Canary Capital, and Bitwise, all seeking to introduce products tied to the Solana price.
XRP has surged over 25% in the past 24 hours, reaching its highest level since May 2021.
XRP continues to consolidate between $1.0061 and $1.19 following a slight dip from its peak of $1.26 on November 16, 2024, investors are wondering what the next move for the token might be. XRP, currently trading around $1.11, has experienced fluctuations in recent days, leaving many investors to question whether the digital asset is on the verge of a bullish breakout or a downturn.
Solana's recent surge to over $260 marks a significant recovery from its low of $8 in late 2022.
VanEck and 21Shares are intensifying efforts to introduce Solana-focused ETFs (exchange-traded funds) in the US. The firms filed their proposals with the Chicago Board Options Exchange (Cboe) following earlier applications with the Securities and Exchange Commission (SEC).
The cryptocurrency market has risen by 4.34% in the last 24 hours, reaching a valuation of $3.31 trillion. This surge coincided with a huge increase in trade volume, which surged by 30.98% to $248.9 billion. Investor excitement is apparent, as indicated by the Fear & Greed Index, which shows “Extreme Greed” with 88.
Solana (SOL) shattered its all-time high (ATH) by soaring past $263 for the first time on Thursday. This marks a stunning comeback after years of volatility and setbacks.
Discussions between the SEC and Solana ETF issuers are advancing rapidly, rekindling hopes for an upcoming approval! With imminent filings and a pro-crypto administration, the arrival of a Solana ETF could transform the crypto market and mark a decisive turning point for the ecosystem.